Tag Archive for 'ford'

Letter from a Ford dealer

December 12th, 2008 • by David Zatz

As I watch the coverage of the fate of the U.S. auto industry, one alarming and frustrating fact hits me right between the eyes. The fate of our nation’s economic survival is in the hands of some congressmen who are completely out of touch and act without knowledge of an industry that affects almost every [...]

Tags: automakers, bailout, chrysler, Dealers, economy, ford, government, loans, paulson, pickups, senator, senators.
bailout

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UAW agrees to $1 per year; automakers still need cash

December 3rd, 2008 • by David Zatz

That’s a headline you could actually read.
The UAW workers’ wages aren’t that important, in the whole scheme of things. Really. That’s not the big issue, at least not for Chrysler.
Take a look at Chrysler’s estimated expenses for Quarter 1, 2009. Out of $11.6 billion, wages account for $900 million. That’s much less than 10%. Even [...]

Tags: automakers, ford, loans, nardelli, toyota.
bailout

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